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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: Steve203 🐝 HONORARY
SHREWD
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Number: of 4460 
Subject: Re: Debt
Date: 08/25/25 9:02 AM
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Gen Z increasingly turns to 'buy now, pay later' services for purchases as small as coffee

Technically, using a credit card for a cup of foo-foo coffee is using a "buy now, pay later" service. With merchants increasingly reluctant to take large denomination bills, more people are simply using a credit card for everything, rather than carry around large numbers of low denomination bills.

As proposed, elsewhere, I would not be surprised if #47 picks up where #43 left off, making it progressively harder for people to file personal bankruptcy.

enacted 2005:

Referred to colloquially as the "New Bankruptcy Law", the Act of Congress attempts to, among other things, make it more difficult for some consumers to file bankruptcy under Chapter 7; some of these consumers may instead utilize Chapter 13.

en.wikipedia.org - Bankruptcy Abuse Prevention and Consumer Protection Act

Steve

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